Dash 2 Trade Price Prediction for Today, December 18: D2TUSD Price Might Head to the $0.00460 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Price Might Head to the $0.00460 Resistance Level (December 18)
The D2TUSD pair has just begun its rising pattern, and the price might head to the $0.00460 resistance level as the crypto gradually faces high pressure from the bulls. Thus, a sharp breakout and closure above the current correction phase at the $0.00152 high value will invalidate any bearish thesis. Hence, the price might hit the high at the the$0.00460 resistance level and beyond.
Key Levels:
Resistance levels: $0.00152, $0.00153, $0.00154
Support levels: $0.000950, $0.000900, $0.000850
D2T (USD) Long-term Trend: Bullish (Daily Chart)
Dash 2 Trade remains in a bullish long-term outlook. The Bulls are trying not to fall this time around. Further, the coin prices are traded above the EMA-50, confirming a bullish trend.
The Dash 2 Trade price found resistance at the $0.00136 value above the moving averages after a series of dip lows in the previous action; this has made it easier for the coin to remain in a bullish trend zone in its recent high.
The bulls increased the D2TUSD price to the $0.00152 supply value above the EMA-50 shortly after the daily chart opened today, indicating that the buy investors are dealing in coin investments. Therefore, if the bulls can increase their tension in the market, the price tendency will move above the key levels.
The longer the price stays above the mentioned supply level, the more pressure builds up to reach a key significant level at the upside.
Next, the D2TUSD price indicates an uptrend on the daily stochastic, suggesting that the coin price may continue to surge and head toward the $0.00406 supply trend line in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bearish (4H Chart)
The D2TUSD pair reflects a bearish trend in the medium term due to the high order flow from sell traders. The price drop to the $0.00125 low value during the previous action has made the coin price trade below the supply levels in its recent high.
On the 4-hourly chart today, there is a broader recovery in the prices. The Dash 2 Trade pair jumped to a $0.00152 supply level below the moving averages as the bulls took to their stand in the market.
This bullish correction, however, indicates a gradual improvement in market sentiment and leads to more intraday gains in assets to higher prices. This will soon be invalidated as the trend has just resumed its rising pattern but has not yet reached its goal.
However, if the current supply at $0.00152 value ignites a sharp increase and closes above the $0.00265 resistance level, this rally may register a $0.00460 high value and beyond in its medium-term perspective.
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